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XNYS
SPRU
Market cap29mUSD
Oct 08, Last price  
1.56USD
1D
-3.70%
1Q
-35.00%
IPO
-98.01%
Name

Spruce Power Holding Corp

Chart & performance

D1W1MN
XNYS:SPRU chart
P/E
—
P/S
0.26
EPS
—
Div yield, %
—
Shrs. gr., 5y
11.32%
Rev. gr., 5y
40.62%
Revenues
112m
+36.18%
9,545,0007,215,00020,338,00015,600,00023,194,00079,859,00082,107,000111,812,000
Net income
-26m
L-63.08%
-12,903,000-14,901,000-60,606,00028,790,000-93,931,000-65,831,000-70,489,000-26,027,000
CFO
-4m
L-91.56%
-13,292,000-11,551,000-19,881,000-48,494,000-63,489,000-33,661,000-41,811,000-3,530,000

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Profile

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems. It also provides Spruce Pro servicing platform, which provides home and third party-owned solar energy systems with portfolio managed services, including billing and collections/asset recovery, account support services, financial asset management, homeowner support and servicing technology, asset operations, and transaction and execution services related to SRECs; and Spruce Pro, which offers third-party owners a range of services for residential, commercial, and industrial assets. Spruce Power Holding Corporation was founded in 2009 and is headquartered in Houston, Texas

Key people

Christopher Hayes
President, Chief Executive Officer, Director · since 2024
Thomas Cimino
Chief Financial Officer · since 2025
Sarah Wells
Chief Financial Officer, Head of Sustainability · since 2023
Jonathan Norling
Chief Legal Officer · since 2023
Eric Tech
Director · since 2023
Independent Director · since 2019
Independent Director · since 2025
Independent Director · since 2020
Ja-Chin Lee
Independent Director · since 2024
Clara Mcbane
Independent Director · since 2024
John Miller
Lead Independent Director · since 2024
IPO date
Jul 16, 2019
Employees
Domiciled in
US
Incorporated in
US
Legal address
C/O VCORP SERVICES, LLC
1013 CENTRE ROAD SUITE 403-B
WILMINGTON, DE 19805
US
Headquarters
C/O Graubard Miller
The Chrysler Building
405 Lexington Avenue
New York, NY 10174
US

Valuation

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